The Balance Sheet of Technology World Reports Total Assets of $800,000

question 73

Multiple Choice

The balance sheet of Technology World reports total assets of $800,000 and $900,000 at the beginning and end of the year,respectively.The cash return on assets for the year is 20%.What is Technology World's net operating cash flows for the year?

• A)$4,500,000.
• B)$170,000.
• C)$4,250,000.

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Definitions:

Spiritual Characteristics

Qualities or attributes pertaining to the spirit or soul, often associated with deep values and meanings in life.

Passions

Intense, driving, or overwhelming feelings or emotions that significantly influence human behavior and decision-making.

Misperceive

To perceive incorrectly; to misunderstand or to have a mistaken interpretation of something.

Clear Thinking

The process of thinking in a clear, logical, and coherent manner, often involving critical analysis and reasoning.